Please update your browser

You're using a version of Internet Explorer that isn't supported by Questia.
To get a better experience, go to one of these sites and get the latest
version of your preferred browser:

Fordham Journal of Corporate & Financial Law

Fordham Journal of Corporate & Financial Law is a trade journal focusing on Financial Law

Articles from Vol. 18, No. 1, 2012

Controversial Orthodoxy: The Efficient Capital Markets Hypothesis and Loss Causation
AbstractSince the Supreme Court's landmark holding in Basic, Inc. v. Levinson, courts have incorporated the efficient capital markets hypothesis as an analytical tool in securities fraud cases. Nevertheless, recent turmoil in the financial markets and...
Demanding Substance or Form? the Sec's Plain English Handbook as a Basis for Securities Violations
ABSTRACTIn 1998, the United States Securities and Exchange Commission ("SEC" or "Commission") released a style manual titled "The Plain English Handbook." The culmination of a drive by its Chairman, Arthur Levitt, the Handbook drew upon the rules of...
Full of Hot Air? Evaluating the Airgas Court's Reservations about Shareholders' Short-Term and Long-Term Interests in Takeovers
ABSTRACTThis Note explores the incentives and preferences of shareholders in takeovers. This analysis is conducted in the context of the Delaware Chancery Court's February 2011 decision in Air Products & Chemicals v. Airgas. In that case, the court's...
The Behavioral Paradox: Why Investor Irrationality Calls for Lighter and Simpler Financial Regulation
ABSTRACTIt is widely believed that behavioral economics justifies more intrusive regulation of financial markets, because people are not fully rational and need to be protected from their quirks. This Article challenges that belief. Firstly, insofar...
THE EUGENE P. AND DELIA S. MURPHY CONFERENCE ON CORPORATE LAW[dagger]: DOES THE NEW CORPORATE SHAREHOLDER PROFILE CALL FOR A NEW CORPORATE LAW PARADIGM?
INTRODUCTIONI am greatly honored to be invited to speak to such a distinguished audience of scholars at this highly regarded law school. Because I am not an academic, and, in the scholarly realm, more of a dilettante, my comments may more appropriately...
The Importance of Finra's Arbitrator Selection Process and Clarity in the "Evident Partiality" Standard in the Wake of Morgan Keegan
ABSTRACTIn the past several years, many FINRA arbitration cases have been filed against Morgan Keegan, a regional investment firm. The cases are heard in a small number of locations with relatively small arbitrator rosters. On February 25, 2010, a Tennessee...
THE TWELFTH ANNUAL ALBERT A. DESTEFANO LECTURE ON CORPORATE, SECURITIES & FINANCIAL LAW AT THE FORDHAM CORPORATE LAW CENTER[dagger]: HIDING BEHIND THE CORPORATE VEIL
WELCOME AND INTRODUCTORY REMARKSPROFESSOR KATSORIS: Good evening, ladies and gentlemen. On behalf of the DeStefano Family, I'd like to welcome you here tonight. For those of you who never met Al DeStefano, let me briefly describe him to you. He started...